Block Amount definition

Block Amount means the amounts set forth below during the time periods set forth below, minus the 2011 Cash Collateral Account Additional Interest Accrual Amount. Any amendment to the Block Amount shall require the consent of Required Revolving Lenders. Period Block Amount Fifth Amendment Effective Date – December 31, 2010 $ 28,000,000 January 1, 2011 – January 31, 2011 $ 11,000,000 February 1, 2011 – February 27, 2011 $ 9,000,000 February 28, 2011 – March 30, 2011 $ 77,000,000 March 31, 2011 – April 29, 2011 $ 95,000,000 April 30, 2011 – May 30, 2011 $ 88,000,000 May 31, 2011 – June 29, 2011 $ 79,000,000 June 30, 2011 – July 30, 2011 $ 72,000,000 July 31, 2011 – August 30, 2011 $ 64,000,000 August 31, 2011 and thereafter $ 53,000,000
Sample 1
Block Amount means the student block amount of funding allocated by the Minister of Education to the Board for a school year, or such other funding system provided under the School Act as may apply from time to time.
Sample 1
Block Amount means (a) with respect to the US Facility, $11,250,000 and (b) with respect to the Canadian Facility, $1,250,000. Notwithstanding anything herein to the contrary, (i) no direct or indirect changes to this definition of “Block Amount” may be made to the extent and only to the extent that any such change results in more credit being made available to the Canadian Borrower based upon the Credit Amount, without the consent of the Canadian Majority Lenders and the Canadian Administrative Agent and (ii) no direct or indirect changes to this definition of “Block Amount” may be made to the extent and only to the extent that any such change results in more credit being made available to the US Borrower based upon the Credit Amount, without the consent of the US Majority Lenders and the US Administrative Agent.
Sample 1

Examples of Block Amount in a sentence

  • Block Number Specify the unique number which is to be assigned for every block that has been created.Branch Specify the branch in which the block has been created.Liability Code Specify the liability code for which the amount block is to be done.Customer Number Specify the customer for whom the amount block is to be done.Line Code Specify the Line code for which the amount block is to be done.Block Currency Specify the currency based on which the Block amount for the facility has to be considered.

  • We compared the Allocation to Cascade Base Block and Cascade Supplemental Block amount to the Statement of Surplus (Deficit) of Declining Block Contract Revenues Less Service Costs, and found them to be in agreement.

  • Trace the Allocation to Declining Block amount to the Statement of Surplus (Deficit) of Declining Block Contract Revenues Less Service Costs.

  • Whilst the Schools Block amount will be ring fenced for schools, the DfE will allow funding transfers to the High Needs Block if there is local agreement.

  • We traced the Allocation to Declining Block amount to the Statement of Surplus (Deficit) of Declining Block Contract Revenues Less Service Costs, without exception.

  • Compare the Allocation to Declining Block amount to the Statement of Surplus (Deficit) of Declining Block Contract Revenues Less Service Costs.

  • We traced the Allocation to Fixed Block amount to the Existing Supply and Existing Transmission and the Conservation Cost Pool Operations Costs amounts on the Statement of Surplus (Deficit) of Fixed Block Contract Revenue Less Service Costs, without exception.

  • It is anticipated that DfT will follow the same approach for 2018/19, this equates to £463k, which when added to the £2.225m Highways Maintenance allocation, forms a total Highways Maintenance Block amount of £2.688m, as shown in table 3.

  • The Schools Block amount has risen each year and because the sink fund is not growing.

  • The said treatment only relates to the “Gross Block amount as per Books” which is required to be reported in certain Tariff Forms (Eg: Form 4A, Form 5) as per the formats prescribed by the Commission.


More Definitions of Block Amount

Block Amount means $500,000.
Sample 1
Block Amount is hereby added to Section 1.1 of the Loan Agreement to read as follows: "Block Amount - $1,250,000."
Sample 1

Related to Block Amount

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.